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05-08-2005, 03:48 AM #1
Moderator
- Join Date
- Feb 2005
- Location
- Auckland, New Zealand
- Posts
- 222
How much bollocks...
well, maybe bollocks is a bit too british for a) this forum and b) this subject but...
how valid (much more polite) is this list of 55 housing boom towns?
As an investor it seems far too vague and broad to be true - even for a country the size of the USA.
Take Boston-Cambridge-Quincy, MA-NH as an example. I can imagine that in that area you'd be able to find high growth areas as well as some that are either dogs or already totally exploited.
Is this just journalism for it's own sake or does it actually have value?
Me... I'd prefer to have a pinpointed area of 10k max
Sarah█ Promote yourself at Flip My Realty
█ Property Management Software and Property Investment Forum
I'm for hire, the hippo and his plaything aren't
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05-08-2005, 12:16 PM #2
Super Moderator - Realtor
- Join Date
- Mar 2005
- Location
- Phoenix, Arizona, USA
- Posts
- 725
Where is Phoenix Arizona? And, Scottsdale, and Northern Peoria, and Chandler and Gilbert??? We ARE really booming and have been for over 1.5 years. In fact, the Phoenix market has been solid since 1994 this time around. See my news Web site for more info.
Anyways, where did they get Boston from? I have clients that tried to sell their home in Boston last year and could not. They were on the market for four months before they pulled the plus last fall just before Christmas. They put it back on the market this spring and are closing escrow on it this Friday! Then they will make their trip out here to begin looking for a new home.
I don't know who made that list up Sarah, but I'm surprised to not see my area in it, and also to see Bos, MA. in it!Matt Pellerin, A Phoenix Realtor
Visit our main site to find Phoenix real estate and homes for sale. Go here for Paradise Valley and Scottsdale real estate .
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05-09-2005, 05:12 PM #3
Condominium
- Join Date
- Jan 2005
- Location
- NY
- Posts
- 154
You're right Sarah, it is a very general ranking that includes some very large areas. I'm sure the author could have broken it down more specifically by using zip (postal) codes instead of metropolitan areas. It would have just been more work I suppose. I assume that this report was geared more for the general public than for investors.
REALTOR[b]
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